Access our research platformsSign-in to our platforms to access our extensive research, our latest insight, data and analytics and to connect to our industry experts.Why is zinc expected to see significantly higher zinc prices later this decade?A spate of scheduled mine closures, an underdeveloped project pipeline and steady demand growth is expected to provide the basis for significantly higher z...Read More

RAPAPORT... Jewelry sales at Richemont grew 3% for the full fiscal year as double-digit increases in Asia Pacific, the Middle East and Africa outweighed a lackluster performance in other regions.Proceeds from the category rose to EUR 7.46 billion ($9.08 billion) for the 12 months ending March 31, Richemont said last week. The increase was driven by solid sales of the company's Cartier, Van Cleef &...Read More

Access our research platformsSign-in to our platforms to access our extensive research, our latest insight, data and analytics and to connect to our industry experts.Back before coronavirus knocked “normal” out cold, the key issues for miners were sub-investment prices, rising requirements for ESG and decarbonisation. How things change. So while our base case view is that the recession...Read More

RAPAPORT... Shairu Gems Diamonds claims to have become India's first natural-diamond manufacturer to achieve carbon-neutral status, using offsets to cancel out emissions.The company worked with consultants Natural Capital Partners to calculate its carbon footprint across its own global operations, as well as emissions resulting from third-party transporters and distributors, business travel a...Read More

(IDEX Online) - Specialty jewelers have been recovering well after the devastating early months of the pandemic, according to the first figures release by the US Department of Commerce for well over a year.  It's the first time we've seen official figures since January 2020. They show sales in the April 2020 crash fell by 78.5 per cent - slightly worse than the 75 per cent estimate...Read More

(IDEX Online) - A gem trader is accused of knowingly buying $750,000 of diamonds to help the mafia launder proceeds of a $35m tax fraud.The Swiss citizen, identified only as C, cannot be named because of local reporting restrictions.He's alleged to have bought the diamonds in Israel for three Italian accomplices involved in organized crime who were jailed in 2011 for a VAT scam, according to...Read More

For months, human traffickers beat and drugged Blessing, hauling the 27-year-old from one gold mine encampment to the next, where each night she was forced to sleep with dozens of men for less than $2 a person.The madam who lured Blessing to the landlocked West African nation of Burkina Faso with promises of a hair salon job, threatened to kill her if she tried to run away."Nobody comes to your re...Read More

SECACO, Burkina Faso (AP) - For months, human traffickers beat and drugged Blessing,...Read full newsRead More

Despite concerns over rising inflation and a deepening COVD-19 crisis in Asia, the Canadian equity markets have been resilient, with the benchmark index, the S&P/TSX Composite Index, trading 12% higher for this year. The expectation of demand recovery and economic expansion have increased investors’ confidence, driving the index higher. Amid increased investors’ optimism, here are...Read More

We have seen a remarkable economic recovery this year, and inflation has reached decade-high levels. According to Statistics Canada, the consumer price inflation jumped more than two percentage points in April to 3.4% — the highest level since 2011. As inflation continues to increase, the central bank may have to intervene and raise rates eventually.What will that do to stocks?Well, as rates...Read More

How diversified is your portfolio? An important, yet often overlooked component of every well-balanced portfolio is to have one more precious metal investment stocks. Precious metal stocks, such as Wheaton Precious Metals (TSX:WPM)(NYSE:WPM) can provide years of stable growth potential.Isn’t crypto the new gold?Cryptocurrencies have developed a reputation in recent years. Specifically, crypt...Read More

As the market continues to inch up, investors are getting worried about most stocks being overvalued. That’s why adding some cheap stocks with high dividend yields to your portfolio could be the right thing to do right now. Such stocks could help investors receive regular income in the form of dividends.Here are five of the best dividend stocks that also have good growth prospects.Frontera E...Read More

Here are five Fastmarkets stories you might have missed on Monday May 24 that are worth another look.Demand for ferrous scrap imported to South Korea has shown a notable recovery in recent months amid healthy steel demand and rising steel output in the East Asian nation.Key Chinese commodities companies have been warned that they...Read More

Some base metals prices on the London Metal Exchange bounced back on Monday May 24 aided by elements of short-covering after the sell-off towards the end of last week that took copper and aluminium prices down by over 5%. The three-month nickel price had the biggest boost on Monday, of 1.9% to $17,118 per tonne, from Friday's $16,791 per tonne price. On Friday, the price had declined by 6% over th...Read More

The Chinese government held a meeting with the biggest iron ore, steel, copper and aluminium producers on Sunday May 23 to call for them to rein in commodity price hikes. Commodity leaders were told at the meeting to "proactively fulfill their social responsibilities" and make business decisions "for the benefit of the entire economy as a whole." "The key message is that we ought to obey our paren...Read More

Bob Moriarty ArchivesMay 24, 2021I did an interview recentlywith the lovely Michelle Holiday before the latest fireworks from the Cliptocurrencies. Michelle wanted to make a valid point that people have made a lot of money investing in what I believe are electronicBeanie Babies. Of course my response was that we hear from the people who have made money in the scam but not from those who lost money...Read More

Jack ChanPosted May 24, 2021Gold sector as represented by $HUI is on a long-term BUY signal.Long-term signals can last for months and are more suitable for investors.Short-term is on BUY signal.Short-term signals can last for days and weeks and are more suitable for traders. COT data is supportive for overall higher gold prices.COT data is supportive for overall higher silver prices. Our ratio is...Read More

Any imposition by Europe of import duties on stainless steel products from Indonesia and India would spur the domestic market, create additional demand for alloy and boost the ferro-chrome market - but the effects on prices may only be short-lived, according to Fastmarkets' senior analyst.It has been expected for some time that the EU will impose import duties on Indonesian and Indian stainless st...Read More

Gold was up above US$1,883 an ounce on the spot market at the time of writing.Nouveau Monde Graphite expects to start trading today on "the world's largest and most important capital market, namely the New York Stock Exchange".The carbon neutral graphite hopeful's shares will continue to trade in Toronto and Frankfurt but its OTC quotation will cease to reflect the NYSE listing.Pacific Booker Mine...Read More

The seaborne low and high-grade manganese ore markets were quiet in the week to Friday May 21, while the portside market remained stable against strengthening silico-manganese prices, sources said.Fastmarkets' manganese ore index 37% Mn, cif Tianjin edged down by 1 cent (0.20%) to $4.50 per dry metric tonne unit (dmtu) on Friday, from $4.51 per dmtu a week earlier.The semi-carbonate market was lar...Read More